CFO of Apogee Enterprises Inc. (APOG) James S Porter sells 4,200 shares of APOG on 09/25/2009 at an average price of $14.98 a share.

Apogee Enterprises Inc. is a leader in technologies involving the design and development of value-added glass products and services. The company is organized in two segments: Architectural products and services companies design engineer fabricate install maintain and renovate the walls of glass and windows comprising the outside skin of commercial and institutional buildings. Businesses in this segment are: Viracon the leading fabricator of coated high-performance architectural glass for global markets; Harmon Inc. one of the largest U.S. full-service building glass installation maintenance and renovation companies; Wausau Window and Wall Systems a manufacturer of custom aluminum window systems and curtainwall; and Linetec a paint and anodizing finisher of window frames and PVC shutters. Large-scale optical segment consists of Tru Vue a value-added glass and acrylic manufacturer for the custom picture framing market and a producer of optical thin film coatings fo Apogee Enterprises Inc. has a market cap of $434 million; its shares were traded at around $15.23 with a P/E ratio of 9.1 and P/S ratio of 0.5. The dividend yield of Apogee Enterprises Inc. stocks is 2.1%. Apogee Enterprises Inc. had an annual average earning growth of 1.7% over the past 10 years.


Recent Trades of Apogee Enterprises Inc. by CEO:

• Sell: Chairman of Board, CEO, Pres Russell Huffer sold 15,000 shares of APOG stock on 06/26/2009 at the average price of $13.45; the price of the stock has increased by 13.23% since.


• Sell: Chairman of Board, CEO, Pres Russell Huffer sold 6,035 more shares of APOG stock on 06/26/2009 at the average price of $13.7; the price of the stock has increased by 11.17% since.

Recent Trades of Apogee Enterprises Inc. by CFO:

• Sell: CFO James S Porter sold 2,500 shares of APOG stock on 04/22/2009 at the average price of $13.8; the price of the stock has increased by 10.36% since.

Recent Trades of Apogee Enterprises Inc. by Directors and Officers:

• Sell: Secretary Patricia A Beithon sold 10,000 shares of APOG stock on 09/22/2009 at the average price of $16.14; the price of the stock has decreased by 5.64% since.


• Sell: Treasurer & Vice President Gary Robert Johnson sold 4,250 shares of APOG stock on 09/21/2009 at the average price of $15.87; the price of the stock has decreased by 4.03% since.


• Sell: Treasurer & Vice President Gary Robert Johnson sold 1,000 more shares of APOG stock on 07/20/2009 at the average price of $13.56; the price of the stock has increased by 12.32% since.


• Sell: Treasurer & Vice President Gary Robert Johnson sold 1,000 more shares of APOG stock on 04/30/2009 at the average price of $14.1; the price of the stock has increased by 8.01% since.


• Sell: Treasurer & Vice President Gary Robert Johnson sold 1,500 more shares of APOG stock on 04/09/2009 at the average price of $12.98; the price of the stock has increased by 17.33% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

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